NATURAL GAS for 2/6/20
The solid trade below 2410 projects this downward 400 tics minimum, 750 tics (+) maximum. We have attained 606 tics so far. This is now ON HOLD. The decent trade above 1843-47 (-.7 of a tic per/hour) warned of short covering for 40 tics minimum, 50 tics (+) maximum. We attained 51 tics so far before failing back below 1880-88 and bringing in profit taking. Decent trade back below where the line comes in at 1817-13 (-.7 of a tic per/hour starting at 9:00am) should bring in renewed pressure and will take the bear calls from above OFF HOLD. NOTE: this is only a small portion of the calls I provide my clients twice daily in the Natural Gas and Energy/Gold spectrum. Please feel free to reach out if you are interested.